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Al Hammadi Q3 profit dips

Al Hammadi Q3 profit dips

Al Hammadi Holding’s net profit fell 12.93% year on year to SAR 45.18 million in the third quarter of 2026, and 37.15% compared with the previous quarter. The company attributed the annual decline to a roughly 2.6-percentage-point decrease in gross profit margin and higher operating costs, selling and administrative expenses, and financing costs, despite a 4.33% increase in revenue to SAR 307.69 million. Operating profit fell 15.33% to SAR 46 million.

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